The term ‘estate’ immediately brings to mind the image of a rich and wealthy individual. And ‘estate planning’ makes most relate to preparing a will when they are old.
With the Securities and Exchange Board of India’s (Sebi) new dictat on the minimum investment limit in private equity (PE) funds at Rs 1 crore, many smaller investors would have to look at alternatives.
It is a sad reality that housing properties are slipping out of reach of the common man, though food, clothing and shelter are considered basic needs of any individual.
If we go by what he says, my friend Suresh has made the investment of the year. Eight months ago, he bought what he calls 10 sites, Rs 40,000 each, in a village, some 370-km from Bangalore. The 30 feet by 40 feet ‘sites’ are now worth Rs 1 .
With property developers increasingly putting cost escalation clauses in home sales agreements, buyers of under-construction properties may find themselves stuck in the interim, with the price rise for the purchase exceeding the loan taken before
It is common to find builders committing breach of contract. Here is a case of several violations being committed by one builder in the case of a specific project. Yet, the consumers in this case were not left helpless.
Some builders may add half the actual area of a terrace or dry areas while calculating the total carpet area. Read this before investing in your dream home.
Even as property prices have not gone up much in the past year, total outgo for a new property just increased in Maharashtra. The government has raised the ready reckoner rates by an average of 18 per cent in Mumbai and five to 30 per cent in the state.
In what is considered to be a landmark decision, developers in Mumbai will going forward have to pay a premium for any floor space index (FSI) - the ratio of the total built-up area vis-a-vis the plot size- that was "free-of-cost" until
The Maharashtra government, in a bid to check forgery in multiple transactions and fraud in property dealings, has issued a new circular whereby confirmation deed and declaration deed will not be accepted unless stamp duty on the current market value of